Mortgage technology provider FirstClose is working with Ncontracts to offer FirstClose ONE platform clients multiple compliance tools, including Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), and Fair Lending Compliance solutions.
Ncontracts has several software applications, solutions and software suites that cover everything from enterprise risk and HMDA compliance to CRA, Fair Lending and operational risks.
“Risk is something every company has to address, and we want to make sure our clients have the tools to do so without having to allocate additional resources to properly manage them,” says Tedd Smith, CEO and co-founder of FirstClose. “By saving companies time and money, we give them a much-needed advantage in the marketplace: the ability to focus on a positive customer engagement.”
“Our goal has always been to provide the industry with tools and services that will help lenders to effectively mitigate risk and serve their customers without being concerned about internal or external compliance,” says Michael Berman, Ncontracts founder and CEO. “Managing risk management in these unprecedented times means that mortgage companies are better positions to grow along strategic lines.”